Are you suggesting that it didn't all start with the collapse of the sub-prime market and the clever way that the debts had been bundled and sold?
Whilst I accept that you're a blinkered right winger I never had you down as thick.
Brown and his cliche are certainly not without blame, with some decision reckless, bordering on insane, but the reality of the time was that The City, supported by the shadow Tory treasury team, believed the markets and the city to be too over regulated!